IT networks market seen reaching $88.96 billion by 2030

10 hours ago
By AI, Created 04:16 UTC, Oct 06, 2026, AGP -

The global information technology networks market is projected to rise from $61.44 billion in 2025 to $66.04 billion in 2026, according to The Business Research Company. The report points to cloud migration, 5G rollout, cybersecurity pressure and edge computing as the main forces shaping demand through 2030.

Why it matters: - IT networks are the backbone for enterprise connectivity, telecom traffic and cloud services. - Faster data growth, wider 5G deployment and security demands are pushing companies to spend more on network infrastructure and management tools. - The market outlook signals where vendors, telecom providers and enterprise buyers are likely to focus investment through 2030.

What happened: - The Business Research Company released its Information Technology (IT) Networks Global Market Report 2026 – Market Size, Trends, And Forecast 2026-2035. - The report values the global IT networks market at $61.44 billion in 2025. - The market is projected to reach $66.04 billion in 2026, implying 7.5% annual growth. - The report forecasts the market will climb to $88.96 billion by 2030 at a 7.7% CAGR. - North America held the largest regional share in 2025. - Asia-Pacific is expected to post the fastest growth over the forecast period.

The details: - IT networks combine hardware, software and communications technologies to move data across enterprise and telecom environments. - These systems manage voice, video and data traffic while supporting secure, scalable infrastructure. - Growth in enterprise IT infrastructure, internet access, conventional networking hardware, telecom backbone networks and enterprise digitization supported the 2025-to-2026 expansion. - The forecast period is expected to be driven by cloud migration, cybersecurity concerns, 5G and next-generation connectivity, edge computing and the need for automated network management. - Emerging trends include software-defined networking, virtualization, hybrid and multi-cloud architectures, zero-trust security frameworks, distributed edge computing and upgrades to high-speed 5G backhaul and core networks. - The report covers Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - The company says the 2026 market reports add market attractiveness scoring, TAM analysis, company scoring matrix graphics, Excel-based forecasting dashboards, market hotspots infographics and updated graphics and tables. - The report offers a free sample and the full report online: sample request and full report.

Between the lines: - The report frames IT networks as a growth market because digital traffic keeps rising while enterprise infrastructure becomes more distributed. - Ericsson reported in June 2024 that global mobile network data traffic increased about 6% quarter over quarter from Q4 2023 to Q1 2024, reaching 145 exabytes. - That traffic trend strengthens the case for more routers, switches, backhaul capacity and network automation. - The regional split suggests mature demand in North America and faster expansion opportunities in Asia-Pacific.

What's next: - Market growth is likely to track cloud adoption, cybersecurity spending, 5G expansion and edge deployments. - Vendors that offer SDN, zero-trust security, hybrid-cloud support and automated management tools are positioned to benefit from the forecast. - The report's regional and technology outlook points to continued competition around scalable, secure network infrastructure.

The bottom line: - The IT networks market is moving from steady growth to faster expansion, with the biggest opportunities tied to cloud, 5G, security and edge computing.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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